Cameron Mackenzie says ..

Property Oracle says ..

This two-bedroom ground floor flat in Huyton, Liverpool, presents a complex investment proposition. The property’s significant advantage lies in its location. Its proximity to several outstandingly-rated primary schools could make it attractive to families. The location also offers reasonable access to Huyton train station. However, the property itself is in a poor state of repair. The photographs reveal significant wear and tear throughout the interior; the floorings are damaged, the walls need repainting and the general condition appears neglected. The bathroom is also in need of full renovation. While the list price of £50,000 is seemingly low compared to others in the area, this must be balanced against the substantial investment needed for renovation works. The lack of information regarding square footage and plot size prevents a more definitive assessment, but the visual evidence indicates a need for significant repair. Potential buyers should factor in considerable renovation costs before making any purchase decision. While it may be suitable for a buyer with renovation skills or an investor aiming for a significant property upgrade, a large budget should be allocated for renovation works and there may be complications arising during the refurbishment process, such as issues with building regulations compliance and the discovery of hidden problems during renovation.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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